marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Tax Exemption for Seafarers on Indian Flag Ships

August 19, 2015

 

The National Union of Seafarers of India (NUSI) has informed has conceded to their demands of granting Income tax exemption to Indian seafarers sailing on Indian flag vessels. Accordingly, Union has stated that through a the Government of India circular the government has accepted the demand of NUSI to have no income tax for Indian seafarers working on Indian flag ships.

Indian flag ships whether on the coast or in foreign waters will now be considered totally as period in foreign waters.

Members of NUSI have appreciated the positive stand of the Government. In press release it was stated "NUSI and Indian seafarers are very happy due to this development and appreciate the efforts of Nitin Gadkari, Hon’ble Minister for Road Transport, Highways and Shipping  who has delivered, what he had promised, in the interest of thousands of Indian seafarers and their families. NUSI was able to achieve this important goal due to the strong support and trust of all seafarer brothers and sisters, the circular says."
 

Logistics News

Houthis Attack Saudi Oil Pipeline Pumping Station

Houthis Attack Saudi Oil Pipeline Pumping Station

EU Wheat Drops as Focus Shifts to Ukrainian War, Argentinian Exports

EU Wheat Drops as Focus Shifts to Ukrainian War, Argentinian Exports

White House to Extend Jones Act Shipping Waiver

White House to Extend Jones Act Shipping Waiver

Albany Port District Commission Names New Board Members

Albany Port District Commission Names New Board Members

Subscribe for Maritime Logistics Professional E‑News

Smoke in the cabin causes emergency landing of a Boston bound Delta flight in Portugal
Oil giants rush in to help Italy's Meloni reduce energy costs by introducing fuel price caps
Manishi Raymondchaudhuri: The thaw in the Sino-Indian relationship will be a major test for economic growth